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2025-027 - Authorizing an Economic Development Agreement and Tax Abatement Agreement with Invest Lamar (Bergenholtz) 5 in 5 Housing Infill Development Program
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2025-027 - Authorizing an Economic Development Agreement and Tax Abatement Agreement with Invest Lamar (Bergenholtz) 5 in 5 Housing Infill Development Program
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6/11/2025 3:06:04 PM
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6/11/2025 3:05:21 PM
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CITY CLERK
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LCAD0 0 °10964 <br />CITY OF PARIS, TEXAS <br />APPLICATION FOR 5 IN 5 INFILL HOUSING PROGRAM <br />Property Owner: <br />Name Current: CITY OF PARIS TRUSTEE <br />Name Planned*: Invest Lamar, LLC. <br />*Do you plan to re -assign to a buyer upon completion? No <br />Mailing Address: PO BOX 797111 Dallas, TX 75379 <br />Telephone Number: 214-514-8684 email: Zach.DocsI@gmail.com <br />Builder or Contactor (if different than current/planned owner): <br />Name: Invest Fannin, LLC <br />Mailing Address: PO BOX 797111 Dallas, TX 75379 <br />City of Paris GC License No: TBA <br />Telephone Number: 214-514-8684 <br />Property Parcel(s) Proposed For 5 In 5 Agreement: <br />LCAD#: 10964 <br />Property Address: 1821 NE 10TH PARIS, TX 75460 <br />Addition, Lot & Block: EAST PARK ADDITION, BLOCK A, LOT 10, 1821 NE 10TH <br />Bank financing commitment letter provided: Yes <br />Current Zoning: SF -3 <br />Type improvements for new Construction: Single -Family Home Floor Plan B <br />Total Number of Dwelling Units: 1 <br />Estimated Value of Improvements by type: <br />$190,000 <br />Estimated Date of Completion of Project(s) From Date of City Council Agreement Approval: 2 '/2 - 3 years <br />Description of Project (attach site plan, floor plan and elevation drawing: Please see attached. <br />Owner's Signature /7 7 r1 <br />(, � ...� , ......� Date: 2/18/25 <br />
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